Trump’s ‘Crypto Reserve’ Bombshell Sends XRP, Solana, Cardano Soaring
Alright, let’s talk about the major crypto news that’s got everyone buzzing. Donald Trump just dropped a bombshell announcement that’s shaking up the crypto market. He’s revealed plans for a U.S. crypto reserve, and the impact has been massive—sending prices of XRP, Solana, Cardano, and even Bitcoin soaring.
So, here’s the deal. Trump took to his Truth Social account to announce that his executive order on digital assets will push forward a strategic U.S. crypto reserve , explicitly naming XRP, Solana (SOL), and Cardano (ADA) as key players. His exact words? He wants to make sure the U.S. is the "crypto capital of the world." And, like clockwork, the market responded instantly. XRP, SOL, and ADA saw massive gains, jumping between 20% and 50% , while Bitcoin shot up toward $90,000 per coin —even though it wasn’t directly mentioned in Trump’s statement.
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This move aligns with Trump’s long-standing stance on rolling back Biden-era regulations on crypto . After his election victory last November, traders were already betting that his administration would be more crypto-friendly, and now, he’s making it official. Back in December, he even hinted at creating a Bitcoin strategic reserve , comparing it to the U.S. oil reserve, and now he’s taking things a step further with a broader crypto reserve plan .
What’s even more interesting? The Trump family has been diving deep into the crypto space. His sons, Don Jr. and Eric, have been heavily involved in blockchain and decentralized finance (DeFi). Plus, Trump and Melania launched their own memecoins earlier this year—though, let’s be real, those had a massive crash after an initial surge. Still, their business interests are expanding fast, from crypto-backed financial platforms to talks of launching a Bitcoin ETF that could rival Wall Street giants like BlackRock and Fidelity.
This announcement is huge. It signals a major shift in U.S. crypto policy and could lead to an explosion in mainstream adoption . If the U.S. government starts stockpiling crypto, it could legitimize digital assets on a whole new level. And for investors? This could be the start of something massive.
So, what do you think? Is this the moment that takes crypto to the next level? Let’s talk!
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